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These days, finding an affordable place to live in the 48454 area can be challenging. Home prices in 48454 are now at a median cost of $185,665, lower than the Michigan average of $250,415.
The average cost of rent is $768/mo in 48454, primarily driven by the current value of real estate in the 48454 area. In 48454, 9.70% of households rent, and 47.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48454 is $4,695 per month. Households that rent pay about 16.36% of their income on rent here. 48454’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 48466, MI: less expensive homes
- 48097, MI: equally priced homes
- 48416, MI: higher priced homes
- 48422, MI: equally priced homes
- 48006, MI: higher priced homes
- 48022, MI: higher priced homes
- 48032, MI: higher priced homes
- 48014, MI: higher priced homes
- 48450, MI: equally priced homes
- 48444, MI: higher priced homes
Zip Codes with Similar Populations
- 08319, NJ: higher priced homes
- 11739, NY: higher priced homes
- 12967, NY: less expensive homes
- 12985, NY: equally priced homes
- 04649, ME: less expensive homes
- 62545, IL: equally priced homes
- 70453, LA: less expensive homes
- 69129, NE: less expensive homes
- 68970, NE: less expensive homes
- 67876, KS: higher priced homes
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